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These days, finding an affordable place to live in the South Carolina area can be challenging. Home prices in South Carolina are now at a median cost of $233,397, lower than the the United States average of $313,691.
The average cost of rent is $1,135/mo in South Carolina, primarily driven by the current value of real estate in the South Carolina area. While nearly 41.20% of residents own their homes outright in South Carolina, 27.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Carolina is $5,774 per month. Households that rent pay about 19.67% of their income on rent here. South Carolina's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the state.
Nearby States
- North Carolina: equally priced homes
- Georgia: equally priced homes
- Virginia: higher priced homes
- Tennessee: equally priced homes
- West Virginia: less expensive homes
- Alabama: less expensive homes
- Kentucky: less expensive homes
- Florida: higher priced homes
- District of Columbia: higher priced homes
- Maryland: higher priced homes
States with Similar Populations
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